Description
The success of the shale revolution in the United States has spurred a global movement for energy companies and governments to identify and develop the next big shale play. The potential for Latin America is immense.
Shale plays have been identified in Argentina, Brazil, Colombia and other countries. While it is uncertain how many of these shale plays will eventually prove to be economic, it is clear that shale has the potential to play a major role in Latin America’s future and will provide significant opportunities and challenges for companies ready to invest in the region.